Columbia SC Real Estate FHA Times are a changing

Posted on May 31, 2008 by hunterjackson

Big changes are coming…
Currently, the FHA has a ‘one size fits all’ premium structure that charges borrowers 1.50 percent of the loan balance upfront and .50 percent annually regardless of their credit standing.
But the FHA felt this approach did not treat borrowers equitably and could put their insurance fund at risk.
That’s why under their new [...]

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